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On the other hand, too lax policy, such as keeping the real deposit rate deeply negative, could fuel asset price bubbles that, by definition, eventually burst.
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Stanley O'Neal may fuel the speculation that the investment bank is looking to buy a commercial bank to help boost its lending and deposit-gathering activities.
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As he pumped the stock with press releases like the one claiming Digital Gas had a "high temperature fuel cell" that would unlock as much as 1.1 billion gallons of oil from a neglected oil shale deposit, New Jersey officials say, Smith was using stock to renovate his home and pay his attorney.
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